Shearman & Sterling represented Banco Bilbao Vizcaya Argentaria, S.A., Credit Suisse Securities (USA) LLC and Goldman, Sachs & Co. as joint bookrunners, in connection with the 144A/Regulation S offering of $750,000,000 aggregate principal amount of 4.375% Fixed Rate Senior Notes Due 2024 by BBVA Bancomer, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA Bancomer, acting through its Texas Agency.

The following Shearman & Sterling team advised the joint bookrunners in the transaction: partners Stuart Fleischmann (New York-Capital Markets) and Michael Shulman (Washington, DC-Tax); counsel Sharon Lippett (New York-Executive Compensation & Employee Benefits); and associates Kevin Younai (New York-Capital Markets), Flavio Averbug (New York-Capital Markets), Kenji Amma (New York-Corporate), Jeffrey Tate (Washington, DC-Tax) and Matt Wochok (Washington, DC-Tax).